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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (53711)	12/1/2000 3:25:34 PM
From: Dave	Respond to of 74651

I hate to say this, but I think it is all going to come crashing I agree, but I don't think that the Nasdaq has too much farther to go. It may bottom out around 1500 or thereabouts, and flounder down there for a year or two, but the real damage has already been done. As the Nasdaq breaks below 2000, watch for ominous cracks to start appearing in the Dow and S&P indices. Unfortunately for MSFT, as both a Dow and Nasdaq component, they will feel the pain from the selloff in both big index funds. Dave